FinTech

Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.

FinTech Startup Digits Notches $10.5M
FinTech Startup Digits Notches $10.5M
November 07, 2019  |  Investments

FinTech startup Digits has announced the close of a $10.5 million Series A funding round, led by Benchmark. There was also participation from 72 angel...

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How Integrated Receivables Connect Corporates With Data And Analytics
How Integrated Receivables Connect Corporates With Data And Analytics
November 06, 2019  |  Banking

FinTechs are connecting banks with tools such as integrated receivables that they can provide to their corporate customers — and offer them one view of...

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FinTech Firms Take The Reins In Open Banking For SMBs
FinTech Firms Take The Reins In Open Banking For SMBs
November 06, 2019  |  B2B Payments

Open Banking continues to explore new B2B use cases. This week, FinTech firms took the reins as they introduced application programming interface (API)-powered solutions for...

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Visa Teams With Tencent To Support Mobile Payments In China
Visa Teams With Tencent To Support Mobile Payments In China
November 05, 2019  |  VISA

Visa has released a statement saying Tencent’s announcement that it will support international card schemes in its mobile wallet is “a great step forward” for...

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Shifting Logistics To The Center Of Trade Finance
Shifting Logistics To The Center Of Trade Finance
November 05, 2019  |  B2B Payments

The Asian Development Bank‘s estimation of a $1.5 trillion gap in available trade finance is both concerning (particularly to small and medium-sized businesses [SMBs] struggling...

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Bank of America Readies Launch Of Multi-Account Cash Forecasting
Bank of America Readies Launch Of Multi-Account Cash Forecasting
November 04, 2019  |  B2B Payments

Bank of America is developing a new cash-flow forecasting solution for its corporate customers in conjunction with a FinTech partner. Get the Full Story Complete...

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Santander Takes Big Stake In UK FinTech
Santander Takes Big Stake In UK FinTech
November 04, 2019  |  Partnerships / Acquisitions

Spanish bank Banco Santander is acquiring just over 50 percent of the U.K. payments platform Ebury for £350 million ($453 million), Ebury announced in a...

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SPEZA To Accept China’s New Sovereign Digital Currency
SPEZA To Accept China’s New Sovereign Digital Currency
November 03, 2019  |  Digital Payments

FinTech company SPEZA announced that it will be able to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency. Get the...

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South Korea Starts Pilot-Launch Of Open Banking System
South Korea Starts Pilot-Launch Of Open Banking System
November 01, 2019  |  Banking

South Korea has started a pilot-testing program for open banking, according to a release. The company started testing on Wednesday (Oct. 30). Get the Full...

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